Academic year/semester: 2024/25/1

ECTS Credits: 4

Available for: All OU students

Lecture hours: 2
Seminarium:0
Practice: 0
Laboratory: 0
Consultation: 0

Prerequisites: -

Course Leader: Dr. Csilla Mizser

Faculty: Keleti Károly Faculty of Business and Management, 1084 Budapest, Tavaszmező utca 17.

Course Description:
Formation and development of law, economic law. Economic law in Hungary. Fundamental Law of Hungary and 2013. V. Act on Civil Code, 3. Book. Legal Persons. Founding and registration of corporations. Regulation of non-profit corporations. Organization of the corporations, rules of board of managers, representation of a company. The behaviour of corporations: revision of decisions, member’s exclusion, minority rights. The guarantees of the lawful working of companies: supervisory board, auditor, legal supervision of registry courts. The termination of the companies without successor. Voluntary liquidation and disposal process.
Termination of companies with legal succession. Transformation, fusion/association. General partnership /unlimited liability company/ and limited partneship. Limited liabilty company. Private limited company and public limited company.

Competences:
-

Topics:
1. Act V. of 2013. Civil Code, 3. Book, framework, structure.
2. Definition of legal personality, characteristic. Business corporations, business organizations.
3. Association, Foundation, Nonprofit business association.
4. Company pocedure, Act V. of 2006. on Public Company Information, Company Registration and Winding-up proceedings.
5. Transformation, association, disunion, termination without successor.
6. Organization rules of enterprises, management and representation.
7. Functioning and behavior of business organizations.
8. Guarantees of lawful functioning of business organizations: supervisory board, auditor.
9. General partnership (unlimited liability company), limited partnership.
10. Limited liabilty company.
11. Company limited by shares. Share. Types of shares.
12. Voluntary liquidation. Liquidation. Bankrupcy proceedings.
13. Contract law. Privity. Agreements.
14. Sales contract, purchase deed. Business contract.

Assessment: Evaluating presentation, taking part in simulation training (business mediation)

Exam Types:

Oral Exam

Written Exam

Compulsory bibliography: Materials are available in MOODLE system Fundamentaly Law of Hungary 2013. V. Act on Civil Code Sándor István (editor): Business Law in Hungary, Patrocinium Kft, 2016, ISBN: 9789634130802

Recommended bibliography: -

Additional bibliography: -

Additional Information: -